Gold price struggles to capitalize on the Asian session uptick to a two-month high. A positive risk tone and a modest USD uptick acted as…
The Pound Sterling faces a sharp selling pressure against its major peers as the UK economy declined at a faster-than-projected pace in April. Slower labor…
UK GDP contracted 0.3% MoM in April, missing estimates. GBP/USD pares gains toward 1.3550 after the UK economic data. The UK economy contracted in April,…
EUR/USD attracts some follow-through buyers on Thursday amid a broadly weaker USD. Softer US CPI lifts Fed rate cut bets and weighs on the buck…
The UK Unemployment Rate rose to 4.6% in three months to April. The Claimant Count Change for Britain stood at 33.1K in May. GBP/USD holds…
The Federal Reserve (Fed) Bank of New York noted in its latest Survey of Consumer Expectations that the year-ahead inflation expectation stood at 3.2% in…
Germany’s industrial sector activity fell more than expected in April, according to the latest data published by Destatis on Friday. In the Eurozone’s economic powerhouse,…
GBP/JPY appreciates as the Japanese Yen gains ground following the real wages data. Japan’s real wages fell 2.3% YoY in April as persistent inflation outpaced…
Germany’s Factory Orders unexpectedly rose in April, suggesting that the country’s manufacturing sector sustained its recovery, according to the official data published by the Federal…
Australia’s Trade Surplus narrowed to 5,413M MoM in April versus 6,100M expected and 6,892M (revised from 6,900M) in the previous reading, according to the latest foreign trade data…